US fast food giant Burger King has stopped buying palm oil order from Sinar Mas Group (SMAR) following Green Peace accusation on land clearing practices.

The Business Competition Supervisory Commission has objected cosmetics & personal care producer Unilever Indonesia (UNVR) plan to acquire Sara Lee Body Care Indonesia as it would potentially lead to market domination in men’s hair cream and deodorant.

SOE airline operator Garuda Indonesia has received approval from the government to offer its stakes to public through Initial Public Offerring (IPO) in November this year.

Coal mining company Harum Energy (HE) announced that IPO price will be ranged between Rp5,000 — Rp6,300 per share offering around 24.5% of enlarged capital or 650m shares.

Director and Corporate Secretary of coal mining Adaro Energy (ADRO) Andre J Mamuaya stated that the company is considering to acquire Bhakti Energi (BI) this year.

President Director of SOE gas operator Perusahaan Gas Negara (PGAS) Hendi Prio Santoso said to allocate capex of US$600.0m next year.

It is reported that Energi Mega Persada(ENRG) has obtained a gas sales contract amounting of Rp1.1tr from BOB BSP — Pertamina Hulu Energi.